The Bitcoin proxy firm pauses its acquisition strategy, maintaining its treasury of 597,325 BTC valued at approximately $64.71 billion, while planning future investments of up to $4.2 billion.
MicroStrategy did not acquire any Bitcoin from June 30 to July 6, marking its first pause in purchases since late March. The company's treasury remains at 597,325 BTC, valued at around $64.71 billion. Following aggressive acquisitions totaling $6.77 billion for 69,140 BTC earlier this year, MicroStrategy's stock saw a slight decline, reflecting Bitcoin's volatility. The firm announced plans to potentially issue up to $4.2 billion in preferred stock for future BTC investments and corporate purposes.